Head, Accounts at Prosperity Microfinance Bank Nigeria Limited

Job Overview

Location
Lagos, Kogi
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
52846
Job Views
92

Job Description



Job Description



  • Manage and oversee the daily operations of the accounting department including:

    • Month and end-year process

    • Accounts payable/receivable

    • Cash receipts

    • General ledger

    • Payroll and utilities

    • Treasury, budgeting

    • Cash forecasting

    • Revenue and expenditure variance analysis

    • Capital assets reconciliations

    • Cheque processing

    • Fixed asset activity

    • Debt activity



  • Monitor and analyze accounting data and produce financial reports or statements

  • Establish and enforce proper accounting methods, policies, and principles

  • Coordinate and complete annual audits

  • Provide recommendations

  • Improve systems and procedures and initiate corrective actions

  • Assign projects and direct staff to ensure compliance and accuracy

  • Meet financial accounting objectives

  • Establish and maintain fiscal files and records to document transactions

  • Collate and consolidate trial balance and financial reports

  • Prepare comprehensive, proactive and timely financial and management information including tax, cash flow and statutory accounts

  • Publish the quarterly CBN returns

  • Drive the financial efficiency of the bank

  • Develop and own key financial processes including budgeting, internal control, financial accounting and reconciliation

  • Ensure the full and prompt implementation of internal and external audit recommendations

  • Liaise with the CBN and other regulatory agencies

  • Responsible for bank account reconciliations

  • Maintain fixed asset register and ensure the documentation of capital expenditure to meet tax and other regulatory requirements

  • Liaise with the internal and external auditors.


Education and Experience



  • B.Sc. Degree in Accounting or its equivalent

  • Qualified member of the Institute of Chartered Accountants (ICAN) - ACA

  • Additional qualifications in a business-related field will be an advantage

  • Proven work experience as Accounting Manager, Accounting Supervisor or Finance Manager

  • Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations.

  • Computer skills - MS Office, Excel, Accounting Software, etc.

  • High attention to detail and accuracy

  • Ability to direct and supervise staff

  • A minimum of 8 years post-graduation experience while 5 years must be in the financial service industry

  • Evidence that the candidate possesses proven skills and competencies in practical microfinance banking and has undergone the Microfinance Certification programme and obtained a Certificate in Microfinance banking issued by the Chartered Institute of Bankers of Nigeria (CIBN).


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